If You Don't Get An Instant Decission Can You Take It As A No?

Legacy_user

Just curious, when you apply for an instant decission credit card and you get "We can not give you an instant decission we will notify you by post" can you take it as a no?

I have applied for 4 cards today - Turned down for 1 and no decission of the other 3?

Kavanne

I didn;'t get an instant decision with Amex but did end up getting accepted. So I don't think you can say either way tbh....

System

Kavanne wrote: »

I didn;'t get an instant decision with Amex but did end up getting accepted. So I don't think you can say either way tbh....

Yes AMEX was one of the ones I never got a decission for

Ellie-Lee

Hi I got the 'we will notify you within 10 days' and I was accepted a few days later. This was with capital one just waiting for the card now Yipee! So it might not be a no. xx

jakemuk

Hey,

Simply means they need to manualy look the credit score i think, I was under impression it was border line,

I always think better then a straight no, I applied to vanquis and got it thought ah sod it, Then a call v early one morning 7:30ish, Luckily i answered he said hed approved my application

HeadInSand_2

Certainly leans towards being declined rather than being accepted, but still a chance of having it approved.

POSSETTE

i have always been accepted a few days later after applying online for CC. This is because i always say no to PPI on form you fill in online...they cant try and force it down your throat like this,so they call you up later to try it..!

egghead

4 cards in one day!!

ooo could be bad news...

you should spread your applications... never all in one go, this could of damaged your credit file

Kavanne

egghead wrote: »

4 cards in one day!!

ooo could be bad news...

you should spread your applications... never all in one go, this could of damaged your credit file

Oh? Why's that?

HeadInSand_2

Kavanne wrote: »

Oh? Why's that?

A large number of applications in a short space of time negatively impacts your credit score (also makes you look like you are desperately seeking credit), a rule of thumb is no more than 1 application a month.
4 in one day isn't a good thing to do, certainly leave it a couple of months before running any more applications.

Kavanne

HeadInSand wrote: »

A large number of applications in a short space of time negatively impacts your credit score (also makes you look like you are desperately seeking credit), a rule of thumb is no more than 1 application a month.
4 in one day isn't a good thing to do, certainly leave it a couple of months before running any more applications.

Won't affect the OP in the long run, will it? But I suppose we don't know if they need to apply for any more credit in the next 3 months. If they do, uh oh. if not, no harm done really.